Auction on Betiz OJSC property sale to be held on December 21

Privatization

14:02 | 22.11.2012 | Business-News

The Agency of bailout technologies which is Betiz OJSC insolvency administrator announced the auction Betiz OJSC property sale.

The auction will be held in Minsk on December 21. The enterprise property located in Kopyl district of Minsk region will be offered to the auction trading as a single lot whose initial price is BYR 3 billion (VAT excluded). In particular, a production building of 1.6 thsd. sq meters and a construction material warehouse of 0.9 thsd. sq meters will be put up for sale.

A land plot of 1.2 ha being in Betiz OJSC ownership will be transferred to a buyer along with the sold property.

As it is reported, the auction will be held without any terms.

The first auction step will be set at 5% of the initial price. Any other auction steps will be carried out by increasing of price without limitation of auction step amount.

Betiz OJSC was established in 2006. The enterprise produced wall blocks and cellular concrete thermal insulating boards.

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